Real estate markets in emerging economies are beset with price opacity, low transaction volumes and perverse incentives on tax evasion, leading to acute shortage of reliable price information. In this paper, we overcome the paucity of reliable price information in emerging markets through a...

We examine whether internet search intensity, as captured by Google’s Search Volume Index (SVI), predicts house price changes in an emerging market like India. Emerging markets have low internet penetration and high information asymmetry with a dominant unorganized real estate market. Like in...

Prior studies show infrastructural improvements impact property values positively. The effect is often reflected soon after the announcement and continues until the project is complete. These studies, however, are primarily set in developed countries. Emerging markets pose unique risks where...